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ROYAL OAK, MI-Construction will begin on an eight-story, $25-million Skylofts Royal Oak development, the second phase of the $50-million Main Place, in the fall. A two-story Barnes & Noble bookstore is the anchor.
PONTIAC, MI-Tours will be held Monday for those interested redeveloping the former home of the Detroit Lions. Proposals are due Sept. 23, and "the sky's the limit," one official says.
DETROIT-Michigan Economic Development Corp., a public-private entity melded with the state government, receives accolades from Site Selection magazine for its SmartZones, brownfield redevelopment tax credits and Pfizer's expansion in Ann Arbor.
DETROIT-A 260,000-sf Federal Reserve Bank office and processing center east of I-75 bounded by Warren, Russell and Forrest avenues is expected to cost $65 million, statrting with $3.2 million in tax increment financing to prepare a contaminated site for redevelopment.
DETROIT-The former GM headquarters now houses 16 state departments and agencies after a $116-million renovation. That puts the 508,000-sf Labor Building and the 242,000-sf Plaza building on the market.
DETROIT-Livingston County's Economic Development Council makes appointments to go over expansion paybacks such as tax rebates, job training and infrastructure assistance.
DETROIT-The 270,000-sf Applebaum College of Pharmacy and Health, named after the Arbor Drugs drugstore chain founder, will replace crowded and outdated Shapero Hall. The state paid 75% of the cost of the project.
SOUTHFIELD, MI-A $3.2-million rehabilitation of the 25-year-old building boosted savings to $621,000 per year for owners and tenants. The Energy Star Label designation is the first received by an Oakland County building.
PITTSFIELD TOWNSHIP, MI-The already booming area can't handle more large development. As a result, the township purchases a 530-acre parcel and plans to turn it into a public park and develop government offices.
BINGHAM FARMS, MI-Properties include shopping centers and Kmarts in Michigan, Illinois, Kansas, Missouri and Wisconsin are being sold, foreshadowing the retail REIT's liquidation. Contracts are signed for 15 properties; another 17 deals are in negotiations.
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Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom Building Engines
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Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Building Engines
Commercial property teams are navigating changing times where technology plays a crucial role in operations, tenant satisfaction, and sustainability. This report, based on insights from 370 industry professionals, reveals the biggest priorities, challenges, and opportunities for CRE technology adoption in 2025. Don’t miss it.
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource